CAclubindia Articles
Centralised Processing of Statement of TDS Scheme, 2013
Centralised Processing of Statement of TDS Scheme, 2013 (Notification 3, Date of Issue 15-01-2013) Ministry of Finance has introduced the scheme for Centralised Processing of Statement of TDS on 15th January, 2013 in exercise of powe
Basics of NSE
The National Stock Exchange of India Limited (NSE) was incorporated as a joint stock company under the Companies Act, 1956 on November 27, 1992.The Government of India has granted recognition as a s
Applicability of sec. 9(1)(vii) on Offshore Supply Contract
XYZ is engaged in the business of real state development. In the normal course of business, it imports the various high quality equipment's and goods from outside India. Whether the title and ownership of the goods exported by exporter outside India,
Direct Tax Code - Some Important Aspects
The readers are informed in advance that the following article may appear bit lengthy but may contain important information, so kindly bear with the same. Everyone is waiting for the much discussed Direct Tax Code, but I have noticed some points
Physical affixing of Brand name on Goods - Not Sole Criterion
Physical affixing of Brand name on Goods is not the sole criterion for denial of SSI Exemption under Central Excise We are sharing you an important analysis of judgement in case of CCE, CHENNAI-II v. M/s Australian Foods India Ltd. 20
Raising Diesel & LPG Prices - A Correct Step?
Many announcements have been heard from the current government in the past 15 days. The current regime seems to have suddenly taken a performance enhancing drug for they want to make up for the lost time and do something fruitful in order to reitera
Investment in Equity-some points to see
BSE Sensex toched the magic mark of 20000 on Tuesday 15th January 2013. Expectations with the market is increasing. Normal man is thinking to make it as an asset to earn profit. But it is not the market in whi
SEBI Buy Back Modification - Open Market purchase 2013
Sebi buy back framework modification open market purchase 2013 CS Amitava Banerjee A repurchase of outstanding shares from investors, by a company using its surplus cash within a stipulated time frame at their prevailing market prices
Reverse Charge Methodology under Service tax
Reverse Charge Methodology of Service Tax. The responsibility to pay service Tax: With effect from 1st July, 2012 The Government of India has notified the concept called reverse charge Methodology, A brief explanation about the same has been inc
A Small Note on Related Party Disclosure
A Small Note on Related Party Disclosure Sometimes relation between two or more enterprises effects the arm length price transactions between them. To know the effect of this relation on financial statement, one must know this relation. For this p
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